IOTUSD exchange rate before 150% increase... However, you must wait to enter. It is advisable to search for an entry point near 0.2555. A double fractal structure can be built in the exchange rate. The currently visible fractal structure will be double the first fractal structure. Target price for the second deployment structure is 0.66347 usd.
IOTUSD
IOTUSD has completed the bullish setup | Upto 1052% profitThe IOTUSD was moving within a descending triangle and left the triangle without breakout or breakdown.
Since july 2017 the price action has found a strong support of $0.2051 and this support is not broken sofar.
The bollinger bands is extreme squeeze which is an indication of a massive move up or down soon.
MACD gave weak bull signals since sep 2018 and now it is strong bullish since aptil 2019.
After the death cross of jun 2018 the 10SMA is making golden cross with 20SMA and both moving averages has crossed down the priceline as well to lift the price action up insha Allah.
The sell targets are:
1st target: $2.26
2nd target: $2.90
3rd target: $3.72
Final targets;$ 4.68
Regards,
Atif Akbar (moon333)
#hodl Iota IOTUSD to 1$ first Take Profit.Very good news in this ecosystem, partnerships with big company's & good news revealing this next quarter. Hodl is about patience. Buying in correct places and store your tokens in safe spaces like a hardware wallet is more professional and you are gonna hodl it more time. If you like my content give this post a thumbs up.
Technical Analysis
Buy in the yellow zone for massive accumulation. 0.30 cents is a very good price.
Don´t go to daily and 4H time frame just focus on weekly & monthly charts in altcoins.
We can have a retest of the trend line.
Namaste.
IOTA - a perfect buy level in the coming days/weeksIOTBTC looks like a perfect buy soon. It has formed a falling wedge (red). It can still go lower to the all time lows @ ~0.000043 BTC and form a double bottom. If that happens, especially within the falling wedge it is a no-brainer for me. Watch for incresing volume in the next weeks. The target might be lowered if the upper line of the orange triangle acts as a very strong resistance.
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This is not a trading advice!!!
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IOTA - Under The Empty VoidAfter the pump caused by the news of IOTA's partnership with Jaguar Land Rover, it had since then fully retraced and fallen back down. This is highly bearish as it shows a lack of follow through and continuation from the bulls. IOTA/BTC pairing is currently showing a very decent risk to reward for bears as a breach of the recent low, which is also the all time low, will cause intense fear and a bunch of stop-loss cascade. There is no support left for IOTA, it's just a matter of when the support breaks. I believe this is a great gamble given the high r/r ratio here for shorts.
IOTA With Good News!Hello crypto friends! IOTA has seen some positive news today with the integration of Jaguar/Land Rover, which lead to a nice 15% move already.
We're currently inside an Hourly equilibrium in both USD & BTC and could still see some follow-through.
In USD we have a resistance zone of 32-33, which we'd have to clear to be able to move higher. TP would be 34 & 37.
In BTC we would already face resistance at the .65 region from the prior S&R zone. If we could pass that, .67
As always, grandpa BTC would have to be at least neutral, better bullish, for this scenario to play out. Otherwise IOT/USD has much room to correct to, 30 or even more, before it can further tighten inside that wider range. BTC is currently still in a bear flag on the 4H.
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IOTA at critical resistance, upside break possibleNow that BTC went bullish, a lot of alts will also see some strong upside potential.
IOTA looks kind of interesting, because it made a giant bullflag since the bearmarket started.
Also, it is now resting shortly below the daily MA200 and the logarithmic downtrend resistance.
It now depends on BTC. If BTC continues to rise to 6500, IOTA will break through the resistance and certainly go to the next resistance, at around x3 the current price.
If BTC corrects before making the next leg up, IOTA will do the same, and break the downtrend channel in the next try.
This coin seems quite interesting, because it hasn't pumped a lot as compared to its low and is therefore currently undervalued.
IOTA - Hopium, Hopium, and Hopium...IOTA is looking slightly bullish on the daily timeframe as it is about to break out of the triangle. Not to mention, bulls did an amazing job defending the daily MACD cross right at the zero mark.
On the weekly timeframe, we can see the RSI making a potential inverse head and shoulders pattern. Similar to every inverse head and shoulders pattern, we must wait for the break of neckline resistance as confirmation.
Using a variety of synthetic currency pairs, we can compare the strength/weakness between IOTA and other cryptocurrencies. In this example, we will use synthetic pair IOTUSD/NEOUSD which simplifies into IOT/NEO.
There's a very visible bearish divergence in MACD, RSI, and Stochastic. There's a possibility that money from algo traders that are trading synthetic currency pairs may go into IOTA due to its temporary weakness against other cryptocurrencies. But keep in mind, this is simply a method to compare the strength/weakness between two highly correlated asset. USD value of IOTA does not necessarily have to go up in order for IOT/NEO to go down.
Using IOT/ETH pairing, we could see that we're approaching a long term support trendline with a double bottom starting to form. This further supports my point in IOT/NEO: IOTA should theoretically gain strength compared to other cryptocurrencies in the coming days or weeks.
Just like every single double bottom, a retest of the neckline is necessary. The neckline support must hold or else it would indicate that IOTA is still too weak.
Feel free to share your long-term bearish ideas, it's always good to know both sides.
IOTAIOTUSD / IOTAUSD
Price is narrowing, the volatility subsides before the storm. The question of which way the blow would be would not have taken a decision in the medium term. There is a chance to pass at least 38-50% Fibo on the chart upwards. You also need to consider that we are in a falling trend and the opportunity to go down below 20 cents is very large. Indicators looks for bulls more.